Buyer Beware of Online Insurance Shopping

There is no disputing that the internet has changed our lives in the past 15-20 years. It has altered how we live, shop, and interact with each other. Companies such as Facebook, Amazon, Google, and Apple have become household names. But technology has also brought the expectation that everything should be quick and easy. To meet this demand, some technology companies have tried their hand in the insurance space which can be problematic for the consumer.

While being able to access a quote online is a convenient and viable option for the consumer, there is a very dangerous reality that the consumer may end up with serious deficiencies in coverages if they only view the price when quoting online. The fact is not all quotes or policies are alike; some quotes offer higher limits, more “enhanced” coverages, coverage exclusions, and different deductibles. Unfortunately, most consumers do not realize these differences or deficiencies until a loss occurs.

Seeking a trusted independent insurance agent is the best option to avoid coverage gaps or deficiencies. Independent insurance agents are licensed professionals who can find the right coverage for the individual needs of a client, and at a fair price. Independent agents represent several different insurance companies so they can present the best options for the client. Insurance is an essential product in our everyday lives that can provide the invaluable piece of mind knowing your assets are protected. But buying insurance online to seek the best price, may leave you exposed to uncovered loss exposures you were not aware of. As the old saying goes, “the devil is in the details.” It may be prudent, but it’s important to take your time when quoting online so coverages can be compared and reviewed more closely. Your assets are more valuable than a few quick minutes of your time.

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The Importance of Equipment Breakdown Coverage

One insurance coverage that is extremely important to property owners – and is sometimes overlooked – is Equipment Breakdown Coverage. Equipment Breakdown insurance has been available for commercial property owners for quite a while, but it is now commonly available as an endorsement to homeowner and rental dwelling policies.

This valuable line of protection typically covers three types of losses:

[Read More]

RLI Personal Umbrella Policy

Did you know that owning a dog, driving a car or inviting guests in your home could make your the target of a lawsuit, even if you are not directly responsible for the cause. Unfortunately, we live in a society where lawsuits are becoming commonplace. Most of us are unprepared for the financial consequences. Watch this video on how to add an extra layer of liability protection that goes above the coverage limits already provided by your homeowners and auto policies to protect you and your personal assets.

The Benefits of Working with an Independent Agent

insurance agentHaving worked in the insurance industry for ten years, I have received many calls, e-mails, and texts from friends and family regarding their insurance needs. I am more than happy to assist where I can, but my conversations with them seem to always end with one question, “Do you have an independent agent?” Like many not in the insurance industry, insurance can be an unknown. It’s something that you know you need to have, but don’t fully understand how it works. It’s an intangible product that you pay for every year and hope to never use. Here are three reasons I believe working with an independent agent is the best option for purchasing insurance. {Read More…}

Home-Based Businesses: Are You Properly Insured?

home based businessAs a general rule of thumb, if you’re engaged in a business where you earn more than $2,000 per year, you should consider obtaining a commercial general liability policy or a business owners policy (which will provide property coverage for your business property in addition to covering your business liability exposures) but the actual nature of your business may dictate otherwise so be sure to discuss with your local independent insurance agent. {Read More…}

Password Mania!

password safetyThis phrase and its variations can strike fear into a person’s heart in ways that few others can. Is someone reading your e-mails? Do they have your credit card information? Do you use the same password on any other sites, rendering them vulnerable?

Let that last question sink in a bit. If you use the same password on multiple sites and that password is compromised anywhere, every site where you use that password is compromised. {Read More…}

The Hidden Costs of Cheap Insurance – What Are You Getting for Your Money?

cheap insuranceIt’s next to impossible to watch any type of TV programming without seeing a commercial advertising how you can save money on your insurance. So should you really purchase your insurance policy based upon the cheapest price?

Before I elaborate on this, allow me to ask you a different set of questions:

  • – Would you hire an attorney based solely upon who has the cheapest hourly rates?
  • – Would you hire a financial planner or investment advisor based solely upon their fees?

If you’re like most people, you probably answered these questions with a resounding “no.” Then why should making a decision on your insurance policy be any different? {Read More}

Good Vibes Only: Tips for Creating a Positive Workplace

happy workerHave you ever met someone who always seems to be in a great mood? It seems no matter what may come their way, they shake it off and move on. Or maybe you’ve seen just the opposite; someone who is always down and despite your efforts to bring up their spirits, they don’t budge.

Truth is, you’re likely going to experience both of these characters in the workplace. So what can you do to keep the balance and atmosphere as positive as possible? My advice is to keep it SIMPLE. [Read More]

Insuring Your LLC-Named Home

Have you considered ways to protect your home beyond insurance? Are you concerned about planning for your estate? Have you considered your options for placing your home in either a trust or a Limited Liability Company (LLC)? [Read More]

Your home is deeded through an LLC and you can’t find anyone to insure it since it’s now considered a business property! A standard homeowners policy covers a person, not a business. And you can’t get a business policy since you don’t actually run a business from my home. Watch our video to learn more about LLC deeded homes and to find out how we can help!

Spring Into Safety with Loss Control

safetyI am sure most of us would agree that spring is such a beautiful time of year! Even though some of you may still be experiencing snow in your geographical regions, other areas are starting to show the early signs of spring, like the colorful heads of blooming flowers I’ve seen popping up around my home. So if you’re getting excited about emerging from your winter hibernation and trading in your winter coats and boots for shorts and sandals, you might also want to start thinking about your spring cleaning tasks. [Read More]